Will Emerging Markets Fall Seriously Ill?

The Korea Times

In an article contribution, Associate Professor Shin Jang-Sup, Department of Economics, highlighted the current state of the global financial markets; as it gets increasingly apparent that the US economy is recovering from the Global Financial Crisis, the emerging markets become heavily destabilised.

This resulted in a seemingly abnormal tendency in which money flows from emerging markets towards advanced countries. Global financiers have been utilising the knowledge and volatilities behind this phenomenon as an important source of profiteering.

In the article, he also urged policy-makers to act on this common wisdom in the global financial market and come up with international and domestic policy measures to direct financial flows to be aligned to the needs of the real economy.

To read the full article, click here.

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